Home > Boards > Free Zone > User's Groups > Dividend Plays (DPLAY)

I've been 1000% accurate about AOD since I

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
bar1080 Member Profile
Followed By 217
Posts 24,390
Boards Moderated 6
Alias Born 07/07/04
160x600 placeholder
Top Company News of the Day
The company said some products showed traces of benzene, a cancer-causing chemical, and that customers should throw the sprays away.
Moderna to Test Variant-Specific Vaccine Candidate
Corn Rises as Agriculture Assets Dodge Broader-Market Sell-Off -- Daily Grain Highlights
Marriott, Hilton and Other Lodging Stocks Down as Variant Concerns Prompt Broad Decline
Uber Down 4%, Lyft Declines 5%
Unemployment Rate Seen Ticking Down Again -- Data Week Ahead
Front Month Nymex RBOB Gasoline Fell 8.25% This Week to Settle at $2.0294 -- Data Talk
Front Month Nymex Natural Gas Rose 7.54% This Week to Settle at $5.4470 -- Data Talk
Correction to European Indexes Data Talks on Nov. 24
STOXX Europe 50 Index Ends the Week 4.41% Lower at 3606.58 -- Data Talk
EURO STOXX 50 Index Ends the Week 6.13% Lower at 4089.58 -- Data Talk
DAX Ends the Week 5.59% Lower at 15257.04 -- Data Talk
CAC 40 Index Ends the Week 5.24% Lower at 6739.73 -- Data Talk
STOXX Europe 600 Index Ends the Week 4.53% Lower at 464.05 -- Data Talk
FTSE 100 Index Ends the Week 2.49% Lower at 7044.03 -- Data Talk
Telenor Appeal to Overturn $87.8 Million Fine Is Rejected by Norwegian Court
Sartorius to Invest EUR100 Million in France by 2025, Create Up to 400 Jobs
FTSE 100 Closes Friday Down as Latest Coronavirus Variant Sparks Sell-off
Theme Park Stocks Fall Amid Coronavirus Variant Concerns
Covid-19 Vaccine Maker Stocks Higher Amid Variant Concerns
Boeing Down Nearly 8%, On Track for Largest Percent Decrease Since June 2020 -- Data Talk
BioNTech Up Nearly 21%, On Pace for Largest Percent Increase Since May 2020 -- Data Talk
American Express Down Over 8%, Worst Performer in the DJIA So Far Today -- Data Talk
bar1080   Tuesday, 06/04/13 11:46:16 PM
Re: None
Post # of 679 
I've been 1000% accurate about AOD since I wrote my first post on my AOD board on June 2, 2012:

"Understand the fat fake dividend is partially Return Of Capital. That is, you give AOD a lot of money and they pay you back a bit of YOUR money every month. And you pay them fees for that! Like moving cash from one of your pockets into another.

I've followed Closed End Funds for decades and sometimes bought them... But only if the discount is >15% and better yet >20% and preferably with a chance of being "open ended."

Who needs a monthly payout which is just a sales gimmick targeting low-income retirees. Certainly those who buy CEF's on the IPO are unsophisticated because the funds almost always go to discounts. Paying monthly is costly for the fund (although AOD's expense ratio isn't bad).

Aside from those endemic problems, AOD's stock portfolio has underperformed the S&P 500 consistently. A good S&P 500 ETF index fund such as SPDR (SPY) would have beaten AOD by miles.

What interests me is that AOD is about the only CEF with an active group on IHUB. I'm following along... Will be reading the SEC filings and learning more about this fund."


Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences